Commercial Real Estate for Sale at 881 Eddy Road in Cleveland, OH for $225,000

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881 Eddy Road | Cleveland

$225,000 | 0.0 Sq. Ft.

Discover the potential in this 9-unit multifamily building located at 881 Eddy Rd, just moments from University Circle, major hospitals, and downtown Cleveland. The property features seven spacious 1-bedroom units and two 2-bedroom units, offering a versatile mix ideal for strong rental demand in this high-growth corridor. This building requires significant renovation, making it a perfect fit for an investor seeking a value-add project with substantial upside. With the right vision, upgrades, and repositioning, this property can generate impressive long-term cash flow. MLSNow 5171923 Directions to property: south on Eddy from 90

MLS Listing ID: 
MLSNow 5171923
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$225,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Apartment
Primary Market Area: 
Cleveland
Address: 
881 Eddy Road, Cleveland, OH 44108
County: 
Cuyahoga
Latitude: 
41.5333857
Longitude: 
-81.5976979
Directions: 
south on Eddy from 90
Public Remarks: 
Discover the potential in this 9-unit multifamily building located at 881 Eddy Rd, just moments from University Circle, major hospitals, and downtown Cleveland. The property features seven spacious 1-bedroom units and two 2-bedroom units, offering a versatile mix ideal for strong rental demand in this high-growth corridor. This building requires significant renovation, making it a perfect fit for an investor seeking a value-add project with substantial upside. With the right vision, upgrades, and repositioning, this property can generate impressive long-term cash flow.
Community Information
School District: 
Cleveland Municipal - 1809
Subdivision: 
Forest Hill Pkwy
Building Details
Details about the building on a property.
Year Built: 
1925
Living Area: 
0.0
Basement: 
Partial,Unfinished
Construction
Roof: 
Flat
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air,Gas
Cooling System: 
None
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.11
Lot Size (Area): 
0.11
Lot Features
Parking Type: 
Paved,On Street
Total Parking Spaces: 
0
Fence: 
Chain Link
Public Record
Parcel Number: 
110-11-050
Annual Tax: 
$10,683.48
Contract Details
Details about the listing contract.
Possession: 
Negotiable
Disclosures: 
Principal is Real Estate Licensed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Berkshire Hathaway HomeServices Professional Realt

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